Market News

Senaat lists $300m sukuk on Abu Dhabi stock market

(Gulf News - 12/10/2018 5:34:00 AM)

Abu Dhabi’s General Holding Corporation (Senaat) listed $300 million (Dh1.1 billion) sukuk on the Abu Dhabi stock market on Sunday, making it the third listing of a bond this year.

The sukuk was over-subscribed 10 times with a strong demand ...

APM Terminals shares start trading on Bahrain Bourse

(Trade Arabia - 12/10/2018 5:21:00 AM)

APM Terminals Bahrain, the operator of Bahrain’s Khalifa Bin Salman Port (KBSP), was today (Sunday, December 9) listed and traded on the Bahrain Bourse under the trading symbol APMTB, following a traditional ringing bell ceremony.

The ceremony ...

Long-term outlook for Dubai takes another turn down

(Gulf News - 12/9/2018 6:12:00 AM)

Regardless of the shortened three-day trading week, the bear market continued in Dubai with the Dubai Financial Market General Index (DFMGI) falling 88.39 or 3.31 per cent to end at 2,580.27. This is the second week in a row where the index fell more ...

Abu Dhabi index surges post MSCI rebalancing

(Gulf News - 12/5/2018 8:16:00 AM)

The Abu Dhabi index jumped the most in a year as markets adjusted post the MSCI rebalancing of FAB and Etisalat shares even as trading remained thin in other stocks.

The Abu Dhabi Securities closed 2.68 per cent higher at 4,898.15. FAB shares ...

QSE surges on banks, IQ; benchmark index up 24.40% year-to-date

(The Peninsula - 12/5/2018 8:15:00 AM)

Qatar stocks surged 1.45 percent yesterday lifting the entire sectoral indexes firmly into green, powered by blue chips. The benchmark index extended Monday’s gain to add 151.51 points before finishing at 10602.84. The index is 24.40 percent up ...

DFM, AMAF sign MoU to enhance cooperation

(The Gulf Today - 12/5/2018 7:47:00 AM)

The Dubai Financial Market (DFM) signed a Memorandum of Understanding (MoU) with Awqaf and Minors Affairs Foundation (AMAF) in order to enhance cooperation and streamline joint procedures pertaining to securities endowment and strengthen the efforts of ...

Oman’s share index ends higher

(Times of Oman - 12/4/2018 8:20:00 AM)

The MSM30 index ended higher to close at 4450.19 points, up by 0.73 per cent. MSM Sharia Index closed at 607.64 points, up by 0.82 per cent. Bank Dhofar Rights Issue 2018 was the most active in terms of volume while Bank Muscat was the most active in ...

QSE launches electronic disclosure system

(The Peninsula - 12/4/2018 7:41:00 AM)

QSE announced the launch of a unified electronic disclosure system project using XBRL language (Extensible Business Reporting Language) in Qatar Capital Market. The project, which is aimed at facilitating the disclosure process and serving all related ...

Oman’s share index ends marginally higher

(Times of Oman - 12/3/2018 9:02:00 AM)

The MSM30 index ended higher to close at 4417.92 points, up by 0.13 per cent. MSM Sharia Index closed at 602.68 points, up by 0.05 per cent. SMN Power Holding was the most active in terms of volume and in terms of turnover. The top gainer of the day was ...

UAE markets: Bears show who’s boss, and it’s not positive for stock prices

(Gulf News - 12/3/2018 8:49:00 AM)

Last week the Dubai Financial Market General Index (DFMGI) fell the hardest in 15 weeks. The index was down 86.25 or 3.13 per cent to end at 2,668.66. Most of the listings participated in the sell-off as there were only three positive issues against 31 ...